Summary
STRACO RE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €431.31M and a net result of €14.72M. Its solvency ranks better than 76% of 2777 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-10-2025, 70 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2024
70 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Equity
€431.31M
Net result
€14.72M
Total assets
€502.13M
Solvency
85.9%
Balance-sheet composition
Assets €502.13M
Fixed assets
€490.03M
Current assets
€12.09M
Equity and liabilities €502.13M
Equity
€431.31M
Provisions
€2.80M
Debt
€68.01M
Debt finances 13.5% of the balance-sheet total.
Key figures and ratios
ROE
3.4%
ROA
2.9%
Debt ≤ 1 year
€67.07M
Income taxes
€2.96M
Staff costs
€758k
Filed annual accounts As filed with the NBB · 2024 · 81 lines
Balance sheet
Code2024
Assets
Total assets20/58€502.13M
Fixed assets21/28€490.03M
Tangible fixed assets22/27€124.41M
Land and buildings22€120.78M
Plant, machinery and equipment23€78k
Furniture and vehicles24€1.45M
Other tangible fixed assets26€2.10M
Financial fixed assets28€365.62M
Affiliated companies280/1€310.85M
Participating interests280€159.11M
Amounts receivable281€151.73M
Companies linked by participating interests282/3€50.15M
Participating interests282€36.64M
Amounts receivable283€13.50M
Other financial fixed assets284/8€4.63M
Shares284€4.63M
Current assets29/58€12.09M
Amounts receivable after more than one year29€653k
Other amounts receivable291€653k
Stocks and contracts in progress3€0
Amounts receivable within one year40/41€8.06M
Trade receivables40€6.95M
Other amounts receivable41€1.11M
Cash at bank and in hand54/58€3.35M
Deferred charges and accrued income490/1€39k
Equity and liabilities
Total equity and liabilities10/49€502.13M
Equity10/15€431.31M
Contributions10/11€71.62M
Reserves13€346.77M
Non-distributable reserves130/1€5
Reserves not available under the articles1311€5
Tax-exempt reserves132€3.38M
Distributable reserves133€343.39M
Profit (loss) carried forward14€12.92M
Provisions and deferred taxes16€2.80M
Deferred taxes168€2.80M
Amounts payable17/49€68.01M
Amounts payable within one year42/48€67.07M
Trade debts44€2.97M
Suppliers440/4€2.97M
Taxes, remuneration and social security45€1.72M
Taxes450/3€1.70M
Remuneration and social security454/9€25k
Other amounts payable47/48€62.37M
Accrued charges and deferred income492/3€944k
Income statement
Code2024
Operating income70/76A€18.07M
Turnover70€1.36M
Other operating income74€12.28M
Non-recurring operating income76A€4.44M
Operating charges60/66A€20.02M
Goods for resale, raw materials and consumables60€507
Change in stocks: decrease (increase)609€507
Services and other goods61€7.60M
Remuneration, social security and pensions62€758k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6.45M
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€33k
Other operating charges640/8€1.30M
Non-recurring operating charges66A€3.89M
Operating profit (loss)9901€-1.95M
Financial income75/76B€22.88M
Recurring financial income75€22.88M
Income from financial fixed assets750€4.80M
Income from current assets751€17.99M
Other financial income752/9€89k
Financial charges65/66B€2.31M
Recurring financial charges65€1.32M
Debt charges650€1.32M
Other financial charges652/9€7k
Non-recurring financial charges66B€988k
Profit (loss) for the period before taxes9903€18.62M
Transfer from deferred taxes780€136k
Transfer to deferred taxes680€1.08M
Income taxes67/77€2.96M
Taxes670/3€2.96M
Profit (loss) for the period9904€14.72M
Transfer from tax-exempt reserves789€34k
Transfer to tax-exempt reserves689€3.24M
Profit (loss) for the period to be appropriated9905€11.51M
Appropriation of the result
Profit (loss) to be appropriated9906€12.92M
Profit (loss) brought forward from the previous period14P€1.41M
Social balance
Average headcount (FTE)90874.9
The notes to these accounts (96 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-08
State Gazette act
General meeting · Statutes amendment
Capital · Corporate purpose · Thomas Dusselier
31-07
State Gazette act
General meeting · Board meeting
Director resignation · Director discharge
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 70 days late
State Gazette actNBB filing
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waasmunster · 3 establishment units since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Fazantenlaan 209250 WaasmunsterGround area
2.8 ha
Building footprint
1,539 m²
Volume, LiDAR
10,883 m³
3 parcels, Flanders · tallest building 16.1 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Fazantenlaan 20, 9250 Waasmunster
since 20242.360.491.436
Patotterijstraat 11, 9250 Waasmunster
since 20242.357.443.161
Straco RE
since 20252.377.100.905
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44015A0019/00E000 | Flanders | 1.9 ha | 1 · 336 m² | 16.1 m · 3 fl. |
| 42023A1098/00D000 | Flanders | 7,962 m² | 1 · 1,010 m² | 12.7 m · 2 fl. |
| 42023A1094/00P000 | Flanders | 1,694 m² | 1 · 192 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
699400LEB0MVWJUP4P60
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 685 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2024
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.